Vanguard Personalized Indexing Management LLC Has $8.62 Million Stake in Air Products and Chemicals, Inc. $APD

Vanguard Personalized Indexing Management LLC boosted its stake in Air Products and Chemicals, Inc. (NYSE:APD) by 14.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 30,566 shares of the basic materials company’s stock after purchasing an additional 3,769 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Air Products and Chemicals were worth $8,624,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Brighton Jones LLC grew its holdings in Air Products and Chemicals by 14.5% during the 4th quarter. Brighton Jones LLC now owns 3,260 shares of the basic materials company’s stock worth $945,000 after acquiring an additional 412 shares during the period. Bison Wealth LLC acquired a new stake in Air Products and Chemicals during the 4th quarter worth about $245,000. GAMMA Investing LLC grew its holdings in Air Products and Chemicals by 8.0% during the 1st quarter. GAMMA Investing LLC now owns 4,238 shares of the basic materials company’s stock worth $1,250,000 after acquiring an additional 314 shares during the period. Simon Quick Advisors LLC grew its holdings in Air Products and Chemicals by 21.7% during the 1st quarter. Simon Quick Advisors LLC now owns 1,216 shares of the basic materials company’s stock worth $359,000 after acquiring an additional 217 shares during the period. Finally, Everhart Financial Group Inc. grew its holdings in Air Products and Chemicals by 6.7% during the 1st quarter. Everhart Financial Group Inc. now owns 1,280 shares of the basic materials company’s stock worth $377,000 after acquiring an additional 80 shares during the period. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Air Products and Chemicals Price Performance

Air Products and Chemicals stock opened at $257.28 on Monday. Air Products and Chemicals, Inc. has a 52 week low of $243.69 and a 52 week high of $341.14. The company’s 50 day moving average price is $284.80 and its two-hundred day moving average price is $280.63. The company has a quick ratio of 1.12, a current ratio of 1.29 and a debt-to-equity ratio of 0.93. The stock has a market cap of $57.26 billion, a P/E ratio of 37.02, a P/E/G ratio of 5.33 and a beta of 0.83.

Air Products and Chemicals (NYSE:APD) last posted its earnings results on Thursday, July 31st. The basic materials company reported $3.09 EPS for the quarter, topping the consensus estimate of $2.99 by $0.10. Air Products and Chemicals had a net margin of 12.86% and a return on equity of 15.11%. The firm had revenue of $3.02 billion for the quarter, compared to analysts’ expectations of $2.95 billion. During the same quarter last year, the firm earned $3.20 EPS. The company’s quarterly revenue was up 1.2% compared to the same quarter last year. Air Products and Chemicals has set its FY 2025 guidance at 11.900-12.100 EPS. Q4 2025 guidance at 3.270-3.470 EPS. On average, equities analysts predict that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current year.

Air Products and Chemicals Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, November 10th. Stockholders of record on Wednesday, October 1st will be paid a dividend of $1.79 per share. The ex-dividend date is Wednesday, October 1st. This represents a $7.16 annualized dividend and a dividend yield of 2.8%. Air Products and Chemicals’s dividend payout ratio (DPR) is presently 103.02%.

Insider Activity

In other news, VP Victoria Brifo sold 1,359 shares of the firm’s stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $292.38, for a total transaction of $397,344.42. Following the completion of the sale, the vice president owned 8,686 shares in the company, valued at $2,539,612.68. This trade represents a 13.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.41% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on APD shares. Citigroup cut their price objective on shares of Air Products and Chemicals from $325.00 to $308.00 and set a “buy” rating on the stock in a research report on Monday, October 6th. The Goldman Sachs Group set a $335.00 price objective on shares of Air Products and Chemicals in a research report on Wednesday, October 1st. Wall Street Zen raised shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a research report on Saturday, August 2nd. UBS Group cut their price objective on shares of Air Products and Chemicals from $354.00 to $350.00 and set a “buy” rating on the stock in a research report on Monday, October 6th. Finally, Argus raised shares of Air Products and Chemicals from a “hold” rating to a “buy” rating in a research report on Friday, September 12th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $330.00.

About Air Products and Chemicals

Air Products and Chemicals, Inc provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals.